Martek, Hero Sign Supply Agreement

Columbia, MD-based Martek Biosciences has entered a multi-year DHA and ARA license and supply agreement with Hero, an international consumer-foods company based in Switzerland. Under terms of the agreement, Martek will serve as Hero’s exclusive supplier for all ARA and DHA needs, including infant formula products, milks intended for children up to three years of age, dietary foods for special medical purposes and weaning foods. Hero is the parent company of Semper, an existing Martek licensee for infant formula, and Beech-Nut, a Martek food customer that includes Martek’s life’sDHA in a line of baby foods and cereals.